Today’s Rental is a 2 bed/2.5 bath on Capitol Hill for $4800

716 South Carolina Avenue Southeast

This rental is located at 716 South Carolina Avenue, Southeast. The listing says:

“Stunning Victorian on an enviable block, steps to Eastern Mkt, menus, The Hill! Exceptional renovation. Unbeatable location, Eastern Mkt right outside your door. Metro 3 blocks away. Light filled, dramatic winding staircase, 2 FPs. Master suite w plentiful storage, closets, beautiful master bath. Relaxing rear patio off gourmet kitchen. Bsmt rented separately. Pets case by case basis.”


You can see more photos here.

This 2 bed/2.5 bath is going for $4,800/Mo.

23 Comment

  • Nice house but not at that price just to rent AND without the basement. These listing agents really make use of the thesaurus.

  • justinbc

    It’s great how close it is to “menus”.

  • This seems like a much better place to live for a household making $200,000 per year than yesterday’s Glover Park apartment.

    • Is a household making $200K supposed to be able to afford this much in rent?

      • Not if they are smart money managers.
        A household making that much would be stupid to spend 40% of their take-home on rent. IMHO.

        • 200K/12 = 16666

          This would only be 25%, less than the 30% of your income cap commonly suggested as a ceiling for housing costs.

          It’s a nice neighborhood with a good neighborhood school. If you think you’ll be in DC a few years, then your next career move will be in another city and you have kids, this is a solid short term solution.

    • I make over $100k and spend less than $2000 a month on rent for a 1 bedroom. You should be grossing $300k to rent this house IMO.

      • Which just makes it that much worse. Who are these apartments for? Why are people making 3-4 times the region’s median household income renting and what does that mean for the rest of us?

      • Are you single? heehee

    • This is absurdly high, and I am saying that as somebody who has a household income of $200k+. There are much better places for far less rent.

    • We make 400k and chose to buy in Petworth. We have twice as many bedrooms and bathrooms. Also, a decent farmer’s market and metro three blocks away. Plenty left over for substantial savings, excessive travel and charitable giving. There’s no need to waste money like this.

  • This has to be overpriced… right? I had a decent 4 bedroom near 3rd and South Carolina in 2013 for around $4200.

  • Seems like a lot, but it does look like a pretty nice place. That said, what’s with the glass-covered island in the kitchen? Is that glass? If it is, seems like a terrible idea.

  • To reasonably afford this, your gross household income would have to be over $150K. If you’re making that much money, you can get a lot more house than this.

  • Delusional.

  • They’re asking $2400 per bedroom. Think about that.
    I can’t wait for this stupid bubble to burst.

    • Not likely to happen. There are only so many houses in DC. If SF is any guide, and for DC it should be, things are about to get much worse.

  • It’s nice, but not that nice to warrant that price tag. At that price, you expect hardwood floors everywhere, custom closets, nicer outdoor entertainment space….basically more lux touches. Even $4K would be kinda pushing it, with only two bedrooms. But an expensive and fancy rental (if the price was warranted) can make sense for a high income individual or couple staying in dc for a short term,with no plans to live here permanently.

  • Unless you need a short term place and your company is paying for this, why on earth would you rent for $4800?? With a combined household income of 150k, we pay $2800 in rent. This is insane.

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